This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, August 17, 2021 No skills? No degree? You’re hired. The hiring logjam showed some signs of easing in July. But companies in the […]
Pevita Lena
More Contactless Adoption amid a Persistent Pandemic
Almost halfway into the second year of Coronavirus and the adoption of contactless payments continues to increase, according to a study dubbed the CardFlight Small Business Report. Since March 2020, the researcher has kept track of the payment method’s performance, and recent analysis shows a bright future for contactless. For […]
Sompo International unit creates pandemic coverage
Sompo International division Sompo Global Risk Solutions (Sompo GRS) will be providing insurance, coverage from which will be triggered by civil authority restriction as a result of international public health emergencies declared by the World Health Organization. Called the Sompo GRS epidemic and pandemic protection program, the new proposition is […]
Taliban finances swelled by proceeds of Afghanistan’s shadow economy
The toppling of Afghanistan’s pro-western government and re-establishment of Taliban control has handed the running of the country’s formal economy over to the Islamists. Yet this task will not be completely alien to the militant group, which has operated a parasitic shadow administration across a swath of Afghanistan over the […]
Biden shows stubborn streak in refusal to shift course on Afghanistan
Afghanistan updates Sign up to myFT Daily Digest to be the first to know about Afghanistan news. Joe Biden was forced to interrupt his retreat to Camp David on Monday and return to the White House to address the rapidly deteriorating situation in Afghanistan. His message to Americans was clear: […]
At $159, JPMorgan Stock Has Limited Growth Potential
[Updated 08/17/2021] JPMorgan Update JPMorgan stock (NYSE: JPM) gained roughly 25% YTD, and at its current price of $159 per share, it is trading 4% below its fair value of $166 – Trefis’ estimate for JPMorgan’s valuation. The bank recently released its second-quarter 2021 results, with both earnings and revenues topping the estimates. […]
How technology is disrupting insurance operating models
The urgency for change is clear: Already, insurers with more sophisticated IT capabilities have an obvious advantage in terms of agility, growth, and cost ratios, and they are better able to match the increased need for digital offerings. And insurers with […]
Cannabis Industry Grapples with Many Federal and State Challenges
Growing Concerns Meg Sanders says the state’s onerous regulatory hurdles have made the cannabis space an unfair playing field, especially for smaller shops and social-equity applicants. Everyone has seen the dispensaries and other cannabis businesses sprouting up in communities across Massachusetts — and the long lines of customers often stretching […]
Matthew Perry, take care of business
CELEBRITIES BORN ON THIS DAY: Manny Jacinto, 32; Christina Perri, 35; Matthew Perry, 52; John Stamos, 58. John Stamos (Photo by Matt Sayles/Invision/AP, File) Happy Birthday: Take care of business. Leave nothing to chance. Opportunity is present, but discipline and reliability are required if you want to come out on […]
Does getting pre-approved mean you’ll get the loan?
There are certain steps it pays to take when you embark on a home search. You should spend some time interviewing real estate agents, make a wish list of the home features you’re looking for, and get pre-approved for a mortgage. Some buyers, however, don’t take that final step, either […]
Goldman Sachs to Acquire NN Investment Partners
NEW YORK, August 19, 2021 – The Goldman Sachs Group, Inc. (“Goldman Sachs”) today announced that it has entered into an agreement to acquire NN Investment Partners from NN Group N.V. for approximately €1.6 billion1. The transaction is expected to close by the end of the first quarter of 2022, subject […]
Meet Meir Goldberg: Business Opportunities Attracted Him to Israel
Meir Goldberg and family. Meir Goldberg has been living in Israel for 18 years and says he would never live anywhere else. Sitting down with Meir Goldberg, 39, was a leap back in time for me. I remember him when he was a teenager, and it was fun to catch […]
Barbara Bellissimo appointed to FSRA Board of Directors
TORONTO, Aug. 16, 2021 /CNW/ – Financial Services Regulatory Authority of Ontario Chair Joanne De Laurentiis is pleased to announce the appointment of Barbara Bellissimo to the FSRA Board of Directors for a three-year term, effective August 12, 2021. Ms. Bellissimo is the former Canadian head of the largest insurance company in […]
Willis Towers Watson strengthens leadership team with new appointments
Willis Towers Watson (WTW) has named Jon Drummond as its new head of broking, North America and Matt Romano as head of its mid-market broking solutions (MMBS) business. Drummond will be responsible for leading the company’s North America broking operations and strategy, as well as driving the digitalization of broking. […]